Movie-Theater Chain Raises $331 Million in the Year's Last IPO

Shares in the nation's second-largest movie theater chain rose 5% after going on sale Wednesday, about one year after the company was acquired by a China-based entertainment company.

AMC Entertainment Holdings Inc. priced 18.4 million shares on the lower end of expectations, opening at $18 apiece and raising $331 million in the last initial public stock offering in a busy year. The company traded under the "AMC" ticker on...